Civic Intelligence

Sara M Holbrook Community Center Inc

990 • Fiscal year 2017 • EIN 03-0179595

Apr 01, 2016 to Mar 31, 2017 • Filed on Nov 02, 2017

66 North AvenueBurlington, VT 05401

(802) 862-0080

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

28th percentile

0.01x

Higher debt load relative to assets than 28% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

28th percentile

0.02x

Higher debt load relative to revenue than 28% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

93rd percentile

58%

Higher net margin than 93% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

54th percentile

$70,129

Higher top officer pay than 54% of similar nonprofits.

Top officer pay equals 4.2% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

95th percentile

87%

Faster asset growth than 95% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

63rd percentile

11%

Faster revenue growth than 63% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$3,199,274

Up $1,486,614 (+87%) from 2016

Net Assets

Up

$3,158,389

Up $1,485,705 (+89%) from 2016

Liabilities

Up

$40,885

Up $909 (+2.3%) from 2016

Revenue

Up

$1,678,236

Up $168,507 (+11%) from 2016

Expenses

Down

$711,340

Down $12,146 (-1.7%) from 2016

Net Income

Up

$966,896

Up $180,653 (+23%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2011: $688,778Liabilities 2011: $22,905Net Assets 2011: $665,8732011Assets 2012: $780,858Liabilities 2012: $17,550Net Assets 2012: $763,3082012Assets 2013: $831,179Liabilities 2013: $29,445Net Assets 2013: $801,7342013Assets 2014: $883,862Liabilities 2014: $55,690Net Assets 2014: $828,1722014Assets 2015: $920,568Liabilities 2015: $39,645Net Assets 2015: $880,9232015Assets 2016: $1,712,660Liabilities 2016: $39,976Net Assets 2016: $1,672,6842016Assets 2017: $3,199,274Liabilities 2017: $40,885Net Assets 2017: $3,158,3892017Assets 2018: $3,339,428Liabilities 2018: $39,889Net Assets 2018: $3,299,5392018Assets 2019: $3,757,344Liabilities 2019: $40,965Net Assets 2019: $3,716,3792019Assets 2020: $5,233,414Liabilities 2020: $543,013Net Assets 2020: $4,690,4012020Assets 2021: $5,350,335Liabilities 2021: $524,326Net Assets 2021: $4,826,0092021Assets 2022: $4,963,874Liabilities 2022: $533,521Net Assets 2022: $4,430,3532022Assets 2023: $4,428,824Liabilities 2023: $663,610Net Assets 2023: $3,765,2142023Assets 2024: $4,345,881Liabilities 2024: $926,748Net Assets 2024: $3,419,1332024Assets 2025: $0Liabilities 2025: $0Net Assets 2025: $02025

Highlighted filing

2017

Assets$3,199,274
Liabilities$40,885
Net Assets$3,158,389

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$0-$2.0M-$4.0MExpenses 2011: $505,7762011Expenses 2012: $514,4172012Revenue 2013: $592,804Expenses 2013: $555,726Net Income 2013: $37,0782013Revenue 2014: $604,144Expenses 2014: $581,673Net Income 2014: $22,4712014Revenue 2015: $660,644Expenses 2015: $607,956Net Income 2015: $52,6882015Revenue 2016: $1,509,729Expenses 2016: $723,486Net Income 2016: $786,2432016Revenue 2017: $1,678,236Expenses 2017: $711,340Net Income 2017: $966,8962017Revenue 2018: $815,783Expenses 2018: $674,523Net Income 2018: $141,2602018Revenue 2019: $1,097,549Expenses 2019: $685,836Net Income 2019: $411,7132019Revenue 2020: $1,666,516Expenses 2020: $684,216Net Income 2020: $982,3002020Revenue 2021: $1,287,557Expenses 2021: $1,174,381Net Income 2021: $113,1762021Revenue 2022: $1,016,284Expenses 2022: $1,422,240Net Income 2022: -$405,9562022Revenue 2023: $1,054,110Expenses 2023: $1,709,636Net Income 2023: -$655,5262023Revenue 2024: $1,007,384Expenses 2024: $1,368,266Net Income 2024: -$360,8822024Revenue 2025: -$2,670,709Expenses 2025: $748,424Net Income 2025: -$3,419,1332025

Highlighted filing

2017

Revenue$1,678,236
Expenses$711,340
Net Income$966,896
Jump To
Filing Snapshot
Filing Period
Apr 1, 2016 to Mar 31, 2017
Signed
Nov 2, 2017
Return Version
2016v3.0
Gross Receipts
$1,702,801
Mission and Program Overview

Mission

To develop responsible and productive children, youth and families through social development, educational and recreational opportunities. The center services chittenden county with a primary focus being on the north end of burlington.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$804,034$1,525,085▲ $721,051
Pledges and Grants Receivable-$824,115-
Land, Buildings, and Equipment, Net$691,567$667,405▼ $24,162
Cash and Non-Interest-Bearing Accounts$136,152$92,544▼ $43,608
Investments in Publicly Traded Securities$35,108$38,851▲ $3,743
Prepaid Expenses and Deferred Charges$20,207$20,997▲ $790
Accounts Receivable$9,283$12,854▲ $3,571
Total Assets$1,712,660$3,199,274▲ $1,486,614
Other Assets Total$16,309$17,423▲ $1,114
Liabilities
Accounts Payable and Accrued Expenses$34,942$35,763▲ $821
Other Liabilities$5,034$5,122▲ $88
Total Liabilities$39,976$40,885▲ $909
Net Assets / Fund Balance
Temporarily Rstr Net Assets$475,736$2,038,590▲ $1,562,854
Unrestricted Net Assets$1,196,948$1,119,799▼ $77,149
Total Net Assets Fund Balance$1,672,684$3,158,389▲ $1,485,705
Total Liabilities and Net Assets / Fund Balance$1,712,660$3,199,274▲ $1,486,614

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$463,066$233,729$696,795
Land$184,209-$184,209
Equipment$20,130$46,995$67,125
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Leisa PollanderExec DirectoFT$62,333$7,796$70,129

Board Members and Trustees

NameTitle
Kathy SchirlingPresident
Ahmed FocoDirector
Chip SpillaneDirector
Craig RittenbergDirector
Diane ChattmanDirector
Ducky DonathDirector
Emmy LewisDirector
Jabez BoydDirector
Janet HaydenDirector
Jonathan TorreyDirector
Karen BresnahanDirector
Michele PattonDirector
Ross FendersonDirector
Debbie LarosaSecretary
Michael LyTreasurer
Bruce ChattmanVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$1,363,214
Program Service Revenue
$283,397
Investment Income
$4,679
Other Revenue
$26,946
All Other Contributions
$1,236,463
Change in Net Assets
$966,896

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,678,236
Revenue Not Reported on Form 990
$4,322
Total Revenue per Audited Statements
$1,682,558
Total Revenue per Form 990
$1,678,236
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$535,586
Other Expenses$175,754
Total Fundraising Expense$76,045
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$339,984$21,289$21,289$382,562
Current Officers, Directors, Trustees, and Key Employees$30,051$2,177$30,389$62,617
Other Employee Benefits$46,112$2,923$2,923$51,958
Payroll Taxes$34,123$2,163$2,163$38,449
Occupancy$29,529$1,871$1,871$33,271
Depreciation Depletion$21,444$1,359$1,359$24,162
Travel$17,680$1,121$1,121$19,922
Insurance$10,715$674$674$12,063
Office Expenses$10,396$659$659$11,714
Fees for Services Accounting$7,386$470$470$8,326
Fees for Services Other--$7,565$7,565
Advertising$3,483$221$218$3,922
Other Expenses$3,346$212$212$3,770
Total Functional Expenses$598,512$36,783$76,045$711,340

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$711,340
Total Expenses per Audited Statements$711,340
Total Expenses per Form 990$711,340
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposits$5,122
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Bruce chattman diane chattman vice pres director husband & wife

Form 990, Page 6, Part VI, Line 11B

Sara holbrook community center makes the 990 available to the executive/audit committee for review prior to filing their return.

Form 990, Page 6, Part VI, Line 12C

Each new responsible person shall be required to review a copy of this policy to acknowledge in writing that he or she has done so. Each responsible person shall annually complete a disclosure form identifying any relationships, positions or circumstances in which the responsible person is involved that he or she believes could contribute to a conflict of interest arising. This policy shall be reviewed annually by each member of the board of directors. Any changes to the policy shall be communicated immediately to all responsible persons.

Form 990, Page 6, Part VI, Line 15A

The salary recommendation process typically begins in february, with the treasurer of the board of directors researching the current cost of living increase. The sara holbrook community center's (shcc) executive director (ed) then confers with the ed's of a local like agency; the king street center -to compare salary ranges for like postions. This information is then shared with the human resources committee. Each shcc position has an established salary range, with the ed having the latitude to establish the salary for each position, with the exception of the ed. The board reviews assigned salaries as part of the budget approval process-typically at the may board meeting. The ed typically receive the same cost-of-living (cola) increase as the rest of the staff-this is usally discussed in executive session, with the ed out of the room. Once out of executive session, the board calls the ed back to share their decision.

Form 990, Page 6, Part VI, Line 15B

The salary recommendation process typically begins in february, with the treasurer of the board of directors researching the current cost of living increase. The sara holbrook community center's (shcc) executive director (ed) then confers with the ed's of a local like agency; the king street center -to compare salary ranges for like postions. This information is then shared with the human resources committee. Each shcc position has an established salary range, with the ed having the latitude to establish the salary for each position, with the exception of the ed. The board reviews assigned salaries as part of the budget approval process-typically at the may board meeting.

Form 990, Page 6, Part VI, Line 19

Sara holbrook community center makes copies of government policies, financial statements and audited financial statements available for on-site inspection, with advance notice.

Filing and Contact Details

Filer

Filer Name
Sara M Holbrook Community
EIN
03-0179595
Phone
8028620080
Address
66 NORTH AVENUE, BURLINGTON, VT 05401

Signing Officer

Name
Leisa Pollander
Title
Exec Director
Phone
8028626342
Signed
2017-11-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Leisa Pollander
Formed
1937
Legal Domicile
Vt
Voting Board Members
16
Independent Board Members
16
Employees
46
Volunteers
300

Preparer

Firm
Davis & Hodgdon Associates Cpas Plc
Address
33 BLAIR PARK RD STE 201, WILLISTON, VT 05495
Preparer
Bret Hodgdon
Phone
8028781963
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To develop responsible and productive children, youth and families through social development, educational and recreational opportunities. The center services chittenden county with a primary focus being on the north end of burlington.

Financial Statement Notes

Schedule D, Page 3, Part X

The center annually files an irs form 990, return of organization exempt form income tax, tax return in the u.s. Federal jurisdiction. The center is no longer subject to u.s. Federal income tax examination by tax authorities for the years prior to march 31, 2014. In the normal course of business, the center is subject to examination by various taxing authorities. Although the outcome of tax audits is always uncertain, the management of the center believes that there are no significant unrecognized tax liabilities at march 31, 2017 and 2016, respectively.

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IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$2.67$0.75$3.42
2024Detailed filing. Detailed filing data is available for this year.$4.35$0.93$3.42$1.01$1.37$0.36
2023Detailed filing. Detailed filing data is available for this year.$4.43$0.66$3.77$1.05$1.71$0.66
2022Detailed filing. Detailed filing data is available for this year.$4.96$0.53$4.43$1.02$1.42$0.41
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.35$0.52$4.83$1.29$1.17$0.11
2020Detailed filing. Detailed filing data is available for this year.$5.23$0.54$4.69$1.67$0.68$0.98
2019Detailed filing. Detailed filing data is available for this year.$3.76$0.04$3.72$1.10$0.69$0.41
2018Detailed filing. Detailed filing data is available for this year.$3.34$0.04$3.30$0.82$0.67$0.14
2017Detailed filing. Detailed filing data is available for this year.$3.20$0.04$3.16$1.68$0.71$0.97
2016Detailed filing. Detailed filing data is available for this year.$1.71$0.04$1.67$1.51$0.72$0.79
2015Detailed filing. Detailed filing data is available for this year.$0.92$0.04$0.88$0.66$0.61$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.88$0.06$0.83$0.60$0.58$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.83$0.03$0.80$0.59$0.56$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.78$0.02$0.76$0.51
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.69$0.02$0.67$0.51